Cochin Shipyard shares fell over 2% as the Centre’s OFS opens for retail investors after the non-retail portion was subscribed 3.52 times. The government plans to sell up to a 5.04% stake, potentially raising around Rs 1,800 crore. The stock has delivered multibagger long-term returns despite recent weakness, with shares down over 29% in the past year.
How Bessent, America’s bond salesman, cornered Japan on big spending
In a significant dialogue, US Treasury Secretary Bessent encouraged Japan to implement reforms in its fiscal and monetary policies. Aiming to stabilize the yen and